How to Buy Off the Shelf Company and its Benefit?

Understanding an off-the-shelf company

‘Off-the-shelf’ company is a limited company which is incorporated, maintained by an agency and is made accessible for auction to clients. Prior to Companies House setting up the facility to electronically incorporation a company, it normally used to take more than a week to process a standard incorporation. Hence, it was advantageous for agencies to maintain a list of such off-the-shelf companies that could be made available to a business or organisation when they has an urgent requirement to set-up one. Even though the time to form a company has decreased significantly, there is still high demand for ‘off-the-shelf’ companies. Businesses or organisations in the United Kingdom can either think about buying an off the shelf company in case a company is required immediately and the business can’t wait for a long time-period for Companies House to process the application, or the business does not want to take the risk of Companies House declining the application request which may result in the business missing a deadline

In general, the ‘off the shelf’ company formation package offered by an agency empowers United Kingdom citizens to select from a range of pre-registered companies with a provision for changing the nominees and director.

The package encompasses the following:

Article of association and Memo

Document of Incorporation

Finalised form for stock transfer

Letter of agreement for appointed directors

Register of officers

Request for shares letter

Register of Shareholders

Share Certificates

Benefits of an ‘off-the-shelf’ company

Off-the-shelf companies are used for the prolonged existence of the business. Such companies were established by company formation agencies to avoid delays with processing a company registration application and save time while processing the request by Companies House. Nowadays, since the online process of forming a company normally takes 3 hours, the request for ‘off-the-shelf’ companies has reduced, however, off the shelf companies come in handy when there is requirement for a company with a long trade-off account. Below listed are a few benefits:

Ease to obtain bank loan and credit cards

An off-the-shelf company has the provision of longevity. Since, an off-the-shelf companies have been previously registered, they have the history of being recognised years before they were bought by a business. An aged company will, at all times, have a better position as compared to a new registered business and as a result off-the-shelf companies are considered a more reliable investment choice for banks to grant loans. For example, a company that has been trading for 20 years in a specific industry sector will have additional knowledge and trustworthiness as compared to a company that has been trading for just a few months. As stated earlier, an off-the-shelf business gives the sense of longevity.

Off-the-shelf organisations build assurance in customers

As off-the-shelf businesses might benefit as clients perceive them to be older, and thus more trustworthy. This reduces business risk, thereby, establishing a win-win situation.

Off-the-shelf companies incorporated in London

The below mentioned off-the-shelf companies come with extensively drawn notes and articles of association, and published certificate of incorporation. These off-the-shelf organisations are registered with a registered office address, nominee secretary and nominee director. There is a provision to upgrade the registration of these companies with the new registered address, shareholder, and director free of charge, or, if the business requires the companies can even be provided with same nominees, and registered address at an extra annual fee. The below mentioned companies are inactive since the date of inception. It must be noted that these off the shelf companies do not have a registered Value Added Tax (VAT) number neither have a pre-opened corporate financial transactions account/bank account.

Name of company

Date of Incorporation

Place of Incorporation

Description

English Classics Racing Ltd

05-05-1995

London

English Classics Racing Ltd is pre-registered with Companies House

EDS Dual Corn Ltd

01-08-1996

London

EDS Dual Corn Ltd is pre-registered with Companies House

Vogue Models Ltd

01-03-2002

London

Vogue Models Ltd is pre-registered with Companies House

Lepanto Financial Advisers Ltd

20-02-2003

London

Lepanto Financial Advisers Ltd is pre-registered with Companies House

Trading Abundance Re-Insurance Agents Ltd

14-07-2003

London

Trading Abundance Re-Insurance Agents Ltd is pre-registered with Companies House

Bankers Mortgage Ltd

22-03-2005

London

Bankers Mortgage Ltd is pre-registered with Companies House

Home Coziness Agency Ltd

01-04-2005

London

Home Coziness Agency Ltd is pre-registered with Companies House

Internet Security Bureau Ltd

01-04-2005

London

Internet Security Bureau Ltd is pre-registered with Companies House

Green Garden Solutions Ltd

04-04-2005

London

Green Garden Solutions Ltd is pre-registered with Companies House

Infocar Warehouse Ltd

09-04-2005

London

Infocar Warehouse Ltd is pre-registered with Companies House

Business Trade Re-Insurance Services Ltd

14-07-2005

London

Business Trade Re-Insurance Services Ltd is pre-registered with Companies House

Gateway Development Services Ltd

16-10-2005

London

Gateway Development Services Ltd is pre-registered with Companies House

Fantasy Destination Ltd

01-04-2006

London

Fantasy Destination Ltd is pre-registered with Companies House

Kabcoeuropa Ltd

19-06-2006

London

Kabcoeuropa Ltd is pre-registered with Companies House

U-Adapt Ltd

19-06-2006

London

U-Adapt Ltd is pre-registered with Companies House

Oskal Imperiolizma Ltd

25-07-2006

London

Oskal Imperiolizma Ltd is pre-registered with Companies House

Trading Co Germany Ltd

18-08-2006

London

Trading Co Germany Ltd is pre-registered with Companies House

E-Commerce Supplies Ltd

30-10-2006

London

E-Commerce Supplies Ltd is pre-registered with Companies House

Best Hosting 4U Ltd

12-12-2006

London

Best Hosting 4U Ltd is pre-registered with Companies House

Best Hosting Ltd

12-12-2006

London

Best Hosting Ltd is pre-registered with Companies House

Best Solutions 4 Business Ltd

12-12-2006

London

Best Solutions 4 Business Ltd is pre-registered with Companies House

Best Wedding Ltd

12-12-2006

London

Best Wedding Ltd is pre-registered with Companies House

Design Creators Ltd

12-12-2006

London

Design Creators Ltd is pre-registered with Companies House

Hi-Fi Soft Suppliers Ltd

12-12-2006

London

Hi-Fi Soft Suppliers Ltd is pre-registered with Companies House

Music Portal Ltd

12-12-2006

London

Music Portal Ltd is pre-registered with Companies House

I Want My Busy Bee Ltd

26-02-2007

London

I Want My Busy Bee Ltd is pre-registered with Companies House

Please Be Cheese Ltd

05-03-2007

London

Please Be Cheese Ltd is pre-registered with Companies House

Corporate Service Bureau Ltd

02-05-2007

London

Corporate Service Bureau Ltd is pre-registered with Companies House

Incyourbiz Ltd

02-05-2007

London

Incyourbiz Ltd is pre-registered with Companies House

Business Growth Associates Ltd

03-05-2007

London

Business Growth Associates Ltd is pre-registered with Companies House

Business Helpline Services Ltd

03-05-2007

London

Business Helpline Services Ltd is pre-registered with Companies House

Business Improvement Consulting Service Ltd

03-05-2007

London

Business Improvement Consulting Service Ltd is pre-registered with Companies House

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